A randam sample of 20 apartments has a mean of AED 4000 and a standard error (a/(vn)) of 1,000. You must answer both a & b. a. If the sample mean AED 4000 corresponds to 27.43% (0.27425) of the apartments, Calculate the population mean? b. Calculate the standard deviation of the population (o)

A randam sample of 20 apartments has a mean of AED 4000 and a standard error (a/(vn)) of 1,000. You must answer both a & b. a. If the sample mean AED 4000 corresponds to 27.43% (0.27425) of the apartments, Calculate the population mean? b. Calculate the standard deviation of the population (o)

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.

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A randam sample of 20 apartments has a mean of AED 4000 and a standard error (a/(vn)) of 1,000.
You must answer both a & b.
a. If the sample mean AED 4000 corresponds to 27.43% (0.27425) of the apartments, Calculate the population mean?
b. Calculate the standard deviation of the population (o)

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